Characterization of the existence of semicontinuous weak utilities for binary relations

dc.contributor.authorAndrikopoulos, A.en
dc.date.accessioned2015-11-24T17:04:58Z
dc.date.available2015-11-24T17:04:58Z
dc.identifier.issn0040-5833-
dc.identifier.urihttps://olympias.lib.uoi.gr/jspui/handle/123456789/11250
dc.rightsDefault Licence-
dc.subjectSemicontinuous utility, Acyclicity, Consistency, Satiation, GOCHAen
dc.titleCharacterization of the existence of semicontinuous weak utilities for binary relationsen
heal.abstractWe characterize the existence of semicontinuous weak utilities in a general framework, where the axioms of transitivity and acyclicity are relaxed to that of consistency in the sense of Suzumura (Economica 43:381-390, 1976). This kind of representations allow us to transfer the problem of the existence of the GOCHA set of a binary relation to the easier problem of getting maxima of a real function. Finally, we show that the maxima of these representations correspond to the different levels of satiation that each of individual has (an individual reaches his or her level of satiation when an increase of consuming an alternative product/service brings no increase in utility).en
heal.accesscampus-
heal.fullTextAvailabilityTRUE-
heal.identifier.primary10.1007/s11238-010-9222-7-
heal.journalNameTheory and Decisionen
heal.journalTypepeer reviewed-
heal.languageen-
heal.publicationDate2010-
heal.publisherSpringer Science+Business Mediaen
heal.recordProviderΠανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημώνel
heal.typejournalArticle-
heal.type.elΆρθρο Περιοδικούel
heal.type.enJournal articleen

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